---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-069341"
form_type: "8-K"
ticker: "CHRD"
cik: "0001486159"
company_name: "Chord Energy Corp"
filed_at: "2022-03-08T23:59:59+00:00"
generated_at: "2026-06-27T00:43:46.417277+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oasis Petroleum to merge with Whiting Petroleum; 0.5774 shares + $6.25 cash per share

## Summary
- Whiting shareholders receive 0.5774 Oasis shares and $6.25 cash per share; Oasis to pay up to $15/share special dividend to Oasis holders upon closing.
- Combined company board: 5 Oasis directors (incl. CEO Daniel Brown) and 5 Whiting directors (incl. Lynn Peterson as Executive Chair); Brown remains CEO.
- Closing conditions include stockholder approvals, HSR clearance, NASDAQ listing, and tax opinions; termination fee of $98 million.
- Lynn Peterson to serve as Executive Chair through Dec 2023 at $500k salary; 2022 bonus at 150% of target plus $3M RSU grant.
- Merger expected to close by October 7, 2022; combined company headquarters in Houston, Texas.

## SEC filing metadata
- accession: 0001193125-22-069341
- form_type: 8-K
- ticker: CHRD
- cik: 0001486159
- company_name: Chord Energy Corp
- filed_at: 2022-03-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1486159/000119312522069341/0001193125-22-069341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1486159/000119312522069341/d259633d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-069341
- JSON: https://secwatch.observer/filing/0001193125-22-069341.json
- Plain text: https://secwatch.observer/filing/0001193125-22-069341.txt

## Key facts
- Executive change
  Lynn A. Peterson was appointed as Executive Chair of the Combined Company Board at Chord Energy Corp.
  - Action: appointed
  - Role: Executive Chair of the Combined Company Board
  source text: Mr. Peterson has agreed that, effective upon the Closing, he will transition into the role of Executive Chair of the Combined Company Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1486159/000119312522069341/0001193125-22-069341-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.